Property, Plant and Equipment

3 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 5 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

	September 30,			June 30,
	2024			2024
Building and improvements	$	38,342,614		$	36,999,854
Auto		2,856,935			2,711,245
Machinery and equipment		18,767,055			18,713,182
Others		-			1,502,600
Total property, plant and equipment		59,966,604			59,926,881
Less: accumulated depreciation		(46,058,789	)		(44,087,598	)
Less: impairment		-			(1,817,991	)
Total	$	13,907,815		$	14,021,292

For the three months ended September 30, 2024, total depreciation expense was $710,404, increased $53,445, or 8.1%, from $656,959 for the three months ended September 30, 2023.